SAP (NYSE:SAP) will release its earnings data before the market opens on Thursday, April 22nd. Analysts expect SAP to post earnings of $0.70 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
SAP (NYSE:SAP) last posted its earnings results on Thursday, January 28th. The software maker reported $1.69 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.71 by ($0.02). SAP had a return on equity of 17.39% and a net margin of 17.59%. The business had revenue of $7.54 billion for the quarter, compared to analysts’ expectations of $7.44 billion. During the same quarter in the previous year, the firm earned $1.82 earnings per share. SAP’s quarterly revenue was down 6.3% compared to the same quarter last year. On average, analysts expect SAP to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
SAP stock opened at $139.11 on Wednesday. SAP has a 52 week low of $104.64 and a 52 week high of $169.30. The business has a 50-day simple moving average of $126.95 and a 200 day simple moving average of $128.23. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.48. The stock has a market cap of $170.90 billion, a price-to-earnings ratio of 30.18, a PEG ratio of 4.33 and a beta of 1.03.
Several research firms recently commented on SAP. UBS Group restated a “neutral” rating on shares of SAP in a research report on Monday. DZ Bank reaffirmed a “buy” rating on shares of SAP in a research note on Friday, January 29th. Credit Suisse Group reaffirmed an “outperform” rating on shares of SAP in a research note on Monday, February 1st. Barclays lifted their price target on SAP from $158.00 to $163.00 and gave the stock an “overweight” rating in a research note on Thursday, January 7th. Finally, CIBC raised SAP to an “outperformer” rating and lifted their price target for the stock from $38.00 to $43.00 in a research note on Friday, February 5th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $131.92.
A hedge fund recently bought a new stake in SAP stock. OLD Mission Capital LLC purchased a new stake in shares of SAP SE (NYSE:SAP) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 42,070 shares of the software maker’s stock, valued at approximately $6,555,000.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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